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South Carolina’s business-friendly environment is drawing new businesses that can take advantage of its longstanding workforce training program to fulfill their needs.

GE Appliances plans to invest $60 million to create a Manufacturing Center of Excellence for the production of water heaters at its existing plant in Camden, S.C.
GE Appliances plans to invest $60 million to create a Manufacturing Center of Excellence for the production of water heaters at its existing plant in Camden, S.C.
In September, GE Appliances announced that it would invest $60 million to create a Manufacturing Center of Excellence for the production of water heaters at its existing plant in Camden, S.C. The investment represents the next step in a strong, ongoing relationship between the company and the state. According to Frank Scheffel, plant manager, this relationship can be traced in part to South Carolina’s commitment to its business community.“South Carolina is a very welcoming state to new and existing businesses,” Scheffel says. “The economic development teams are committed to growing the employment base in the state and are very efficient and responsive to requests and ideas. They are focused on creating an environment where large and small high-tech businesses can thrive.”

By the Numbers
South Carolina ranked 26th in the country in GDP (about $234 billion) in 2018 and enjoyed an unemployment rate of just 2.9 percent, as of September 2019, the lowest in the state’s history. And South Carolina’s 4.7 percent GDP growth in the past five years is the 11th-largest increase in the United States over that time, according to 24/7 Wall St.      

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